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Updated over 9 years ago on . Most recent reply

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67
Posts
4
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Henry L.
  • Investor
  • New York, NY
4
Votes |
67
Posts

Rent control, getting tenants to leave in Bergen County, NJ

Henry L.
  • Investor
  • New York, NY
Posted

Hi, I'm looking at a 3 family home in Bergen County, NJ that doesn't require much in repairs ($5000 or less).

The strategy here is to buy the place and increase the rents.  Currently the tenants are renting month-to-month for about $900 to $1000, whereas, I should be able to get $1200 for each unit, since they are all 2 br, 1 bth.

My questions are:  

1) How can I find out if there are rent control laws for the place?

2) If they are unhappy with the rent increase but give me a hard time vacating the unit, how difficult will it be to get tenants to leave?

Thanks for your help!

  • Henry L.
  • Most Popular Reply

    User Stats

    321
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    412
    Votes
    Kevin Hill
    • Real Estate Agent
    • Westwood, NJ
    412
    Votes |
    321
    Posts
    Kevin Hill
    • Real Estate Agent
    • Westwood, NJ
    Replied

    Here is some info on increasing rent in New Jersey.

    http://www.state.nj.us/dca/divisions/codes/publications/pdf_lti/rnt_incrse_bultin.pdf

    Here's another link to towns in New Jersey with rent control laws.

    http://www.nj.gov/dca/divisions/codes/publications/pdf_lti/rnt_cntrl_srvy_2009.pdf

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